Reborn: Billionaire in College

Chapter 424: Didi and Kuaidi finally merge, and CEO Chen takes action

Brother Ma is more familiar with Hong Kong, especially the upper class here, where he has met almost everyone.

However, Chen Pingjiang was not very interested in these people, such as the four major shipping families. They were not from the same circle.

Therefore, Chen Pingjiang kept a low profile this time. He only went to a high-end club in the Central Building and also visited Xiao Ma's mansion on Shek O Road.

I never attended any events such as business receptions.

He seldom participates in such activities in the Mainland, let alone in Hong Kong Island.

"Do you want to buy property here? The feng shui here is excellent, with mountains behind and the sea in front."

Chen Pingjiang shook his head like a drum. "I won't live here when I retire. I plan to buy an island, build it up, and live the life of an island owner. I'll leave this place to you."

At present, this villa seems just average to Chen Pingjiang, but Xiao Ma spent nearly 09 million Hong Kong dollars on it in 5, and also bought two full-floor duplexes.

This guy really seems to love the house.

However, Chen Pingjiang doesn't care much about houses, otherwise he could have easily bought a bunch of luxury houses in 09-10.

After seeing what Xiao Ma Ge called "characteristics", it seemed that their friendship took a step forward.

The next day, Chen Pingjiang returned to Shenzhen via Luohu Port.

As soon as he got out of customs, Wang Chuanfu sent a car to wait for him here.

As soon as he got in the car, Chen Pingjiang unexpectedly saw Wang Chuanfu here. "Old Wang, why did you come to pick me up in person? This is so embarrassing."

Wang Chuanfu smiled and waved his hand: "Mr. Chen, it's a rare occasion for you to come here, I have to entertain you well and show my hospitality. Besides, I don't have anything to do today."

Chen Pingjiang smiled after hearing this. How could such a big boss be fine?

It is not surprising that Wang Chuanfu is so enthusiastic.

Chen Pingjiang’s role is too important.

First, the fund under Chen Pingjiang holds a large number of BYD shares. Secondly, when it comes to smart cars and driverless cars, BYD is counting on Chen Pingjiang.

The effect of the cooperation is obviously good.

With the birth of Jiuzhou Auto, BYD Auto's road to intelligence has been quite smooth. Winning several first places in a row has given Wang Chuanfu full of confidence and made him admire his wise decision even more - to bring Chen Pingjiang into the partnership.

Moreover, recently, Su Rui has become popular again due to the AI ​​launch conference, and its sales have almost doubled.

"I came here this time hoping that Mr. Chen could empower our newly released Qin."

The word empowerment has become popular recently.

Not only Internet companies like to say this, but it has now spread to other industries.

After some research, some curious people discovered that it was Chen Pingjiang who first proposed the concept at the Pangu AI conference.

The word instantly gained a lot of momentum.

Chen Pingjiang almost slapped himself in the face for this.

There's really no need to release Internet jargon.

What is alignment granularity, fission, iteration, detonation point, life cycle, underlying logic, matrix style, deep connection, etc.

Experts heard it vaguely, and laymen were still confused.

But people working in big Internet companies love to talk about it, and even Chen Pingjiang’s companies have said so.

Because it sounds high-end and makes you look so awesome.

"In a special track, we can create an industry closed loop, reach the key path with high frequency through deep connection and potential energy accumulation, which means giving it a granular feel..."

Do you know what the fuck this is talking about?
So, when Chen Pingjiang heard the word "empowerment" at this moment, his face turned red unconsciously.

Naturally, the two were talking about the BYD Qin car.

Equipped with BYD's independently developed second-generation DM hybrid powertrain, its biggest selling point is its 5.9-km/h acceleration in seconds.

This number is nothing to brag about in a few years, but it is still very impressive in this era. Most electric cars will take at least 7 seconds.

Moreover, with the technical support of Jiuzhou Automobile, BYD Qin's central console adopted a 12.8-inch high-definition touch screen for the first time. To put it bluntly, it is an Orange Pad3.

In addition, it is also equipped with the carpad in-vehicle system, which integrates many functions such as vehicle function settings, entertainment, Bluetooth, 4G Internet access, WIFI, voice control, 360-degree panoramic imaging, etc., and can download and install APP by itself like Orange mobile phone.

This concept was put forward in early 2013. Tell me, is it awesome?

It has already, to a great extent, borne the shadow of future generations of new energy vehicles.

The entire solution was provided by Jiuzhou Automobile, which is why Qin was sought after after it was launched.

Chen Pingjiang smiled and said, "Old Wang, if you want me to say it, I suggest that BYD should go to the big car manufacturers to recruit a few more exterior designers. I always think the appearance is too ugly."

Only Chen Pingjiang would say this. If it were someone else, Wang Chuanfu would be angry with him.

Unlike the last interview in Shenzhen, this time Chen Pingjiang pointed out the direction for Wang Chuanfu.

If BYD wants to develop, it must first take the path of product matrix, develop more types of cars, and learn from Toyota.

The second is to continue to develop the third-generation DM hybrid assembly, because DM is the second-generation power supply.

All that remains is to quickly resolve the issues of battery and fast charging.

Apart from the direction, Chen Pingjiang couldn't help with any specific details.

However, it is worth mentioning that Chen Pingjiang had his investment company invest a sum of money in CATL as early as last year, as a preliminary step.

…………

Chen Pingjiang stayed in Shenzhen for another two days and received warm hospitality.

At the same time, good news came that the management teams of Kuaidi Dache and Didi Dache finally reached an agreement during the second meeting held in Beijing.

In addition to the six people who participated in the first negotiation, lawyers, auditors and financial officers from both sides also joined this time, bringing the total number of people to 16 or 17. The lawyers from both sides officially began to draft the framework agreement.

Once there are no issues with the contract, both parties will formally sign it.

It is worth mentioning that the structure of the 7-member board of directors has also been preserved.

The management team consists of three members: Cheng Wei, Lu Chuanwei and Liu Qing.

Cheng Wei and Lu Chuanwei are co-CEOs.

Although he is called the co-CEO, it is actually just a process. It won’t be long before Lu Chuanwei will be sidelined and step down.

This is an old tradition.

Liu Qing was very satisfied. As COO, she also got a ticket to the board of directors, which became a highlight of her life. What made her even more excited was that she felt that she had single-handedly facilitated the merger of Didi and Kuaidi.

The financial investors each sent a representative - Xu Chuansheng from Matrix Partners on the Kuaidi side and angel investor Wang Gang on the Didi side.

Alibaba and Tencent each got one vote - one was from Peng Lei and the other was from Tencent's Peng Zhijian.

Together they form a 7-member board of directors.

Chen Pingjiang was not surprised when he got the final result.

On the surface, Cheng Wei was victorious.

He also got at least four votes on the board of directors, from Cheng Wei, Liu Qing, Wang Gang and Tencent, making him invincible.

The key point lies in Liu Qing's vote.

There are many factors behind her getting this vote, such as the good relationship between her father and Alibaba, the recognition and reward for her decisive role in the merger between the two parties, and her good ability.

In the conference room, everyone participating in the negotiations was very happy, except Lu Chuanwei.

Although there is still at least half a month before the official signing, the merger is a foregone conclusion. At this point, things can be pushed forward by strong inertia, and his personal will is no longer important.

It seemed that he noticed that Lu Chuanwei was not very happy.

Xu Chuansheng made some arrangements: "Dexter, don't be discouraged. Even though this merger is a winner for Cheng Wei and our financial investors, you are not necessarily a loser. If you had stayed in Silicon Valley, it would be almost impossible to achieve such achievements and financial returns as Kuaidi, and you would not have accumulated so much management and operation experience. Imagine the entrepreneurial journey of Mr. Ma and the founding journey of Wang Xing of Meituan. You are very lucky. At least you did not collapse like Lashou."

Lu Chuanwei forced a smile and nodded, indicating that I understood.

Cheng Wei on the other end really wanted to laugh out loud, but due to the occasion and to consider Lu Chuanwei's feelings, he naturally couldn't be too ostentatious.

But there is no denying that he became the winner in this merger.

Although personal shares have decreased, the plate has expanded and the wealth has increased.

The important thing is that after the merger, Didi no longer needs to worry about being attacked from all sides and can only focus on dealing with Uber.

Getting what you want is success.

This round of negotiations finally determined that Didi and Kuaidi would hold a 6:4 equity ratio in the new company.

This means that the shares held by Tencent on behalf of Chen Pingjiang now account for 24% of the new company.

Alibaba’s share is 20%.

The rest are the two founders, two angel investors, and below them are Matrix Partners, Softbank, DST, Sequoia Capital, Temasek, GSR Ventures and other capitals, plus the option pool.

These people share the remaining 56% of the shares.

The negotiation results were quickly delivered to the heads of various capital companies who did not attend the meeting.

Many people will smile knowingly.

A grand curtain opened.

"Mr. Cheng, Mr. Lu, and everyone else, we still need to sign a confidentiality agreement. Without the formal signing, no one is allowed to disclose it to a third party."

Cheng Wei nodded, "No problem!" After that, he looked at Lu Chuanwei, "Mr. Lu, let's have dinner together tonight?"

Lu Chuanwei shook his head: "I won't go if I'm not feeling well. Let's get together again on the next signing day."

After saying this, Lu Chuanwei took a deep breath, trying not to let his Taoist faith collapse.

Obviously, he could see that everyone present was showing signs of wanting to get along with Cheng Wei.

It felt like a huge rock was pressing on his chest, and Lu Chuanwei felt like he could hardly breathe when he walked out of the meeting room.

At this time, the phone rang.

Taking out his cell phone, Lu Chuanwei took a look and saw that it was an unfamiliar number from Dongjiang.

Subconsciously, he pressed the reject button.

I thought it was a sales call. I didn't know anyone in Dongjiang, and I was in a bad mood, so I didn't want to answer any calls.

However, not long after, the same number called again.

This confirmed that it was not a sales call. After thinking about it, Lu Chuanwei still answered the phone.

A voice came from the other end of the line: "Mr. Chen, the call is connected."

When hearing this, Lu Chuanwei was a little confused. Who is this?

But soon, a clearer voice came from the other end of the phone: "Hello, Mr. Lu, I'm Chen Pingjiang."

Lu Chuanwei, who was standing at the door of the conference room, was stunned. He looked left and right, and his breathing became heavy.

In an instant, many possibilities flashed through his mind.

Xu Chuansheng noticed the strangeness in Lu Chuanwei's expression and stepped forward to ask, "Are you okay?"

Lu Chuanwei shook his head, then pointed to the phone next to his ear, then walked aside, took a deep breath, and replied: "Mr. Chen, it's me, Xiao Lu." (End of this chapter)

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